Daily Archives: April 20, 2022

On Balance: Daily Notes for April 20, 2022

Posted on April 20, 2022 by research

OUR VIEW Trade cautiously this Wednesday. We may see some profit taking pressures following the local market’s 3-day rally on weak footing. The continuous rise in US bond yields and the depreciation of the local currency may also weigh on … Continue reading →

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On Balance: Daily Notes for April 19, 2022

Posted on April 20, 2022 by research

OUR VIEW Trade cautiously this Tuesday as the local market may continue to test the 7,000 – 7,100 range. The continuous rise in the US’ bond yields, together with inflation concerns amid the hike in local fuel prices and agricultural … Continue reading →

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On Balance: Weekly Notes for April 18, 2022

Posted on April 20, 2022 by research

OUR VIEW While we may see some bargain hunting following two successive weeks of decline, the general market sentiment this week is still seen to have a bearish bias due to the lingering macroeconomic concerns. The rising yields in the … Continue reading →

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